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Sufficient statistics for frictional wage dispersion and growth

Rune Vejlin (Aarhus University and IZA), Gregory F. Veramendi (Arizona State University) ; IZA Institute of Labor Economics

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation between...

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Bibliographic details
Volume: no. 12387
Main Author: Vejlin, Rune Majlund
Veramendi, Gregory
Format: eBook
Language: English
Related: Forschungsinstitut zur Zukunft der Arbeit ¬[Herausgebendes Organ]
Ort : Verlag : ErscheinungsdatumBonn, Germany : IZA Institute of Labor Economics : May 2019
Erscheinungsort: (Ort)Bonn
Extent: 1 Online-Ressource (55 Seiten) : Diagramme
Umfang: (Dateityp; Kodierungsformat)Textdatei; PDF
Series: Discussion paper series / IZA Institute of Labor Economics ; no. 12387
Links: Fulltext
HBZ-ID: HT020082177 » further libraries in North Rhine-Westphalia
Database: ULB Bonn